Rental market snapshot for Parsippany-Troy Hillsship, New Jersey

Parsippany-Troy Hillsship, New Jersey Rental Property Market Overview

Parsippany-Troy Hillsship, New Jersey is a township located in Morris County, New Jersey. As of 2021, the population of Parsippany-Troy Hillsship is estimated to be 53,238, according to the US Census. The township is known for its diverse population, excellent schools, and numerous parks and recreational facilities. Parsippany-Troy Hillsship is also home to a variety of businesses, from small local shops to large corporate offices. With its convenient location and many amenities, Parsippany-Troy Hillsship is an ideal place to live and work. (Source: US Census, 2021)

The average rent for an apartment in Parsippany-Troy Hillsship is $2,256. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Parsippany-Troy Hillsship New Jersey | Cost of Living

  • The most expensive ZIP code in Parsippany-Troy Hillsship is 07878 with an average price of $2,630.
  • The cheapest ZIP code in Parsippany-Troy Hillsship is 07054 with an average price of $2,460.

Parsippany-Troy Hillsship ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
107878$2,630
207054$2,460

Live near Parsippany-Troy Hillsship, New Jersey's Top Sights and Attractions

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Parsippany-Troy Hillsship, New Jersey area median rent change by ZIP code map

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How does Parsippany-Troy Hillsship compare to other cities in New Jersey?

citymedian price
Tenafly$3,275
Hackensack$2,695
Franklin Park$2,575
Dunellen$2,565
South Amboy$2,310
Eastamptonship$2,195
Passaic$2,000
Sayreville$1,900

Average household income in Parsippany-Troy Hillsship area graph - US Census

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Neighborhoods in Parsippany-Troy Hillsship

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Parsippany-Troy Hillsship is $2,256.
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